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PURPOSE The current research aims to explore how the implementation of new regulatory forms contributes to firm self-regulation.
DESIGN/METHODOLOGY/APPROACH Longitudinal analysis of firm-initiated product recalls for 15 manufacturers in the US automobile industry from 1966-2012.
FINDINGS Examining firm-initiated product recalls for 15 manufacturers in the US automobile industry from 1966-2012 has several important findings regarding how the introduction of specific regulatory forms contributes to firm-initiated vehicle recalls. Firms are not likely to self-regulate in response to surveillance or standards-based regulation while information-based regulation results in a greater likelihood of firm self-regulation.
ORIGINALITY/VALUE This result suggests that even at the product level; firms become increasingly motivated to self-regulate as regulators introduce information-based regulations.
Language: en |